Company

Petronet LNG Limited, one of the fastest growing world-class companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 15 MMTPA, which is being expanded to 17.5 MMTPA, the Kochi terminal has a capacity of 5 MMTPA. The company is also exploring suitable opportunities within and outside India to expand its business presence.

Natural Gas

Natural Gas consists mainly of Methane and small amounts of ethane, propane and butane. It is transported through pipelines but is extremely bulky. A high-pressure gas pipeline can transport in a day only about one-fifth of the energy that can be transported through an oil pipeline.

Terminals

The Company had set up South East Asia's first LNG Receiving and Regasification Terminal with an original nameplate capacity of 5 MMTPA at Dahej, Gujarat. The infrastructure was developed in the shortest possible time and at a benchmark cost. The capacity of the terminal has been expanded in phases which is currently 15 MMTPA and the same is under expansion to 17.5 MMTPA. The terminal has 6 LNG storage tanks and other vaporization facilities. The terminal is meeting around 40% of the total gas demand of the country.

CSR

Petronet LNG, as responsible Corporate/Community/Government Citizens, undertake Socio-Economic Development Programme
to supplement the efforts to meet priority needs of the community with the aim to help them become self-reliant.
These efforts would be generally around our work centres mostly in the areas of Education, Civil Infrastructure,
Healthcare, Sports & Culture, Entrepreneurship in the Community. Petronet LNG also support Water Management and
Disaster Relief in the country thereby help to bolster its image with key stakeholders.

Media Centre

Four of the top public sector companies of the country's Hydrocarbon Sector viz. Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and GAIL (India) Limited (GAIL) have invested in Petronet LNG. Each has a 12.5% equity share, leading to a total of 50% for the four.

Four of the top public sector companies of the country's Hydrocarbon Sector viz. Oil and Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and GAIL (India) Limited (GAIL) have invested in Petronet LNG. Each has a 12.5% equity share, leading to a total of 50% for the four.

The LNG Terminal at Gangavaram Port will comprise of facilities for receiving, storage and regasification of LNG and will be developed with an approximate investment of Rs 4500 Crores. This will be the third LNG terminal of PLL, the other two being ľ an operational 10.0 MMTPA terminal at Dahej, Gujarat and 5.0 MMTPA terminal at Kochi, Kerela which is likely to become operation in next six months. The terminal at Gangavaram Port will have the provision for further expansion like the flag-ship Dahej LNG Terminal of PLL.

The Gangavaram LNG Terminal will help meet the growing energy demand of the State of Andhra Pradesh and will also cater to the increasing gas requirements of eastern and central part of India. At its full operational capacity the terminal is likely to contribute over Rs. 2,000 crores as Value Added Tax ("VAT") to the State Government of Andhra Pradesh.

Speaking on the occasion, Dr. Balyan, MD & CEO, PLL said, "The construction work on the terminal is expected to start within a year and it shall be ready to commence operations by the Year 2016. We are eager to have our presence on the east coast and are exploring various possible options to bring gas earlier than 2016 at Gangavaram Port." Dr. Balyan further added that the Project would contribute immensely to the economic development of the region by providing additional and lower cost alternate fuel to the refinery, power, fertilizer, transport and other sectors, which in turn would result in substantial downstream investments in these sectors.

Mr. D. V. S. Raju, CMD, GPL expressed happiness and said, "This will be not only the first LNG Terminal to come up in the State of Andhra Pradesh but also in the entire East Coast of India. We are very glad to partner with PLL as they have substantial proven expertise in the sector. Developing LNG Terminal at the Port inches us closer to our vision to see Gangavaram Port as truly modern, multi-purpose and environment friendly port." Mr. Raju also said that natural gas is the cleanest hydro-carbon fuel available and the proposed terminal would promote the use of clean energy, thereby contributing to the environment without compromising on industrial & social development.

Mr. Sutirtha Bhattacharya, IAS, appreciated PLL and GPL for coming together for developing this LNG Terminal at Gangavaram Port and expressed confidence that natural gas being one of the primary fuel, it would be a catalyst for exponential growth in the industrial development of the region. He particularly welcomed the thought of bringing natural gas earlier than 2016 in Andhra Pradesh.

About Petronet LNG Limited (PLL)

Petronet LNG Limited is a Company promoted by BPCL, GAIL, IOCL and ONGC and it owns and operates first LNG Regasification Terminal in India with the capacity of 10 MMTPA at Dahej, in the State of Gujarat, and is also setting up another Greenfield LNG Regasification Terminal with the capacity of 5 MMTPA at Kochi, in the State of Kerala.

Gangavaram Port Limited is a Company promoted by Shri D. V. S. Raju and has been awarded the concession by State Government of Andhra Pradesh to develop and operate the Gangavaram Port, located at Visakhapatnam on the East Coast of India. The port has been developed as all weather, deepest, most modern and fully mechanized port in India, capable of handling Capesize vessels. With 21 m water depth, it is the deepest port in India.